by Jodi Summers Here’s an interesting state statistic on home ownership for you: California’s current population of 39.5 million people live in 13 million households scattered across 58 counties and 482 cities.  Now that you know this thought-provoking tidbit, here’s the rest: California’s population is expected to swell to 50 million by 2050 and nearly […]

by Jodi Summers It happens every Rose Bowl < people from all over the world notice that the Los Angeles area has magnificent weather on January 1st > and they decide to move to L.A. In a great year, L.A. builds close to 200,000 new units – but the number of new apartments never equals […]

edited by Jodi Summers Hey landlords, listen up! If you’re not currently allowing residents to have pets, you may want to rethink your rules and regs. Results of a recent study show that 61% of U.S. families who rent their home have a pet or plan to have one in the near future. The L.A. […]

by Jodi Summers Back in the days before airplanes and ubiquitous automobiles, people didn’t travel very far. Life on the farm kept them busy enough, and except for the occasional foray into town for supplies, or friend’s house for parlor games, you seldom went very far. It was an efficient and inexpensive lifestyle that allowed […]

For many, buying a home is the largest purchase they’ll make in in their lifetime. Saving for the down payment is a challenge for some – and some age groups find it easier than others. Here is an overview on financial fitness by generations. Save

by Jodi Summers We know commercial real estate in Inglewood. We’ve been buying and selling it since the last millennium.  It was a bit of a struggle since the City of Champions lost the Lakers to the Staples Center, but the City of Inglewood is known for reinventing itself. The history of Inglewood dates back […]

LEGALIZED MARIJUANA AND INDUSTRIAL REAL ESTATE Jodi Summers Broker Associate Sotheby’s International Realty jodi@jodisummers.com www.SoCalIndustrialRealEstateBlog.com

by Jodi Summers Next year, California is going to get legal marijuana, and both industrial and retail real estate sectors stand to benefit from pot’s legalization. Now the big project is for users and investors to find properties in legally acceptable locations. “Marijuana legalization is a boost to industrial absorption in the states that legalize […]

by Jodi Summers Ice Ice Baby. Back in 1990, everyone was talking about Julia Roberts in the movie Pretty Woman. Just fewer than 30 million people lived in California (compared to more than 37.25 million today) and everybody is boasting about their Acura Legend or Mazda Miata. The California Air Resources Board’s plan to reduce […]

Special thanks to Benjamin Pezzillo of https://pactriglo.com/ for providing this summary and original document. Recently passed Senate Bill 1069 is a move to help ease California’s housing crisis, making “granny units” easier and less expensive to build throughout the state. The new Accessory Dwelling Units (ADUs) can potentially save thousands of dollars in fees and […]

by Jodi Summers Silicon Beach with a view…that’s what they call Playa Vista. It used to be that the incorporated city of Santa Monica was the gem in the crown – great location, better services, name recognition…rents about $4/sf, but since the rise of Silicon Beach, such is not the case. Culver City is now […]